10 Fastest Growing Consumer Stocks to Buy Now

8. On Holding AG (NYSE:ONON)

On July 2, 2026, JPMorgan resumed coverage of On Holding AG (NYSE:ONON) with an Overweight rating and $51 price target. JPMorgan also placed the shares on “Positive Catalyst Watch.” The firm sees potential for above-consensus Q2 results and additional guidance increases, adding that On’s momentum should continue. JPMorgan also said the stock’s risk/reward is more attractive after the selloff over the last 12 months.

On June 26, On Holding AG (NYSE:ONON) co-founder Olivier Bernhard told Bloomberg in an interview that the company plans to expand into football.

In May, On Holding AG (NYSE:ONON) reported Q1 CHF 0.37, compared with CHF 0.21 last year. The company also reported Q1 CHF 831.9M, compared with CHF 726.6M last year. Founder and Co-CEO Caspar Coppetti called Q1 an “outstanding start” to the year and said it was another proof point of the company’s premium strategy. Coppetti also said that On is becoming more global, more multi-dimensional, and more rooted in different communities around the world.

On Holding AG (NYSE:ONON) develops and distributes performance sports products under the On brand in Switzerland, the rest of Europe, the Middle East, Africa, the United States, the rest of the Americas, and the Asia-Pacific.